Middletown, DE Cost of Living

Middletown cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

Here we can see a simple outline of the cost of living in Middletown, DE. As you can see, with the average cost of living in Middletown, DE being 116, that puts it 3% higher than the average of Delaware and 16% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Middletown, DE, the price of goods and services are equal to the average of Delaware as well as 8% higher than the nation's average.

Did you know?

The cost of living in Middletown is 3% higher than the Delaware average.

The cost of living in Middletown is 16% higher than the national average.

The cost of housing in Middletown is 39% higher than the national average.

Delaware general sales tax is 100% lower than the national average.

Delaware state income tax is 100% lower than the national average.

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Compare Middletown, DE Cost of living To Other Cities

Salary Calculator

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Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

The salary calculator is meant to help you compare your salary in Middletown, DE to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Middletown, DE, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Middletown, DE salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$89,806

$7,484

$2,095

$2,694

Renters

$41,678

$3,473

$972

$1,250

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Middletown, DE, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Middletown, DE has a median income of about $89,806 for people who own homes. Based on that number, a person should spend a maximum of $2,095 on expenses related to housing. Renters have a slightly different median income, which is $41,678. Based on this average, renters should spend no more than $972 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Delaware Sales Tax

State

General Sales Tax

With Max Surtax

Delaware

0%

0%

Delaware Income Tax

State

Income Tax (Low)

Income Tax (High)

Delaware

0%

6.75%

One thing to keep in mind when considering the cost of living in Middletown, DE is the Delaware sales tax and Delaware income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Delaware sales tax rate is 0% and the maximum surtax that can be charged is 0%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Delaware income tax rates range from 0% to 6.75%.

Goods & Services

Item

Middletown

National avg.

Difference

Haircut

$14.00

$14.59

4.1%

Beauty Salon

$40.00

$34.68

15.3%

Toothpaste

$2.22

$2.47

10.2%

Shampoo

$0.91

$1.02

11.0%

Movie

$11.50

$9.87

16.5%

Bowling

$4.50

$4.39

2.5%

Groceries

Item

Middletown

National avg.

Difference

Ground Beef

$4.42

$4.48

1.3%

Fried Chicken

$1.56

$1.46

6.6%

Milk

$2.14

$2.36

9.2%

Potatoes

$3.66

$3.06

19.6%

Pizza

$8.49

$9.24

8.1%

Beer

$8.49

$8.63

1.7%

Health Care

Item

Middletown

National avg.

Difference

Optometrist

$118.00

$99.78

18.3%

Doctor

$87.50

$105.03

16.7%

Dentist

$97.50

$88.70

9.9%

Ibuprofen

$9.42

$9.41

0.1%

Lipitor

$328.49

$298.50

10.0%

Housing

Item

Middletown

National avg.

Difference

Home Price

$255,400.00

$175,700.00

45.4%

Avg. Mortgage Payment

$1,153.85

$1,081.03

6.7%

Apartment Rent

$1,127.00

$920.00

22.5%

Transportation

Item

Middletown

National avg.

Difference

Gasoline

$1.99

$2.09

5.0%

Tire Balancing

$45.00

$45.29

0.6%

Utilities

Item

Middletown

National avg.

Difference

All Electricity

$222.61

$170.80

30.3%

Phone

$25.95

$28.26

8.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.